Dynamic Allocation — Conservative

DynamicDynamic Allocation

40% Equity / 52% Fixed Income · Blend ETF implementation · Last reviewed 2026-05-14

Ask T. Rowe Price
ActiveConstruction v8Jan 2016Jul 2026Benchmark: Tactical Allocation Composite

AI insights

Generate a briefing on positioning, performance, and risk for Dynamic Allocation — Conservative.

YTD return

-0.3%

Benchmark -0.8%

1 year

+1.3%

Excess 1.2 pts

Since inception

2.0%

Annualized

Net expense

0.33%

Weighted across 11 sleeves

Growth of a hypothetical investment

40% Equity / 52% Fixed Income vs Tactical Allocation Composite

-3.7%+5.7%+15.0%+24.4%+33.7%201620182020202220242026
Model Benchmark

Jul 2026 Model +22.9% · Benchmark +12.4%

Simulated results for illustration only. Past performance is not indicative of future results.

Calendar year returns

Model versus benchmark, by year

2017+4.4
2018+6.1
2019+4.4
2020+0.7
2021+3.3
2022-14.4
2023+4.2
2024+4.3
2025+2.4
2026-0.3
Model Benchmark

Best year 2018 (6.1%) · Weakest year 2022 (-14.4%)

Trailing returns

Annualized beyond one year

PeriodModelBenchExcess
1M+0.1%+0.1%+0.1%
3M-0.4%-0.6%+0.2%
YTD-0.3%-0.8%+0.5%
1Y+1.3%+0.2%+1.2%
3Y+2.5%+1.5%+1.0%
5Y-1.1%-1.8%+0.7%
Since inception+2.0%+1.1%+0.9%